Computer Thieves Steal $1 Million from University of Virgina College at Wise (updated)
Quick Facts
- Date: 9/2/2010
- Institution: University of Virginia College at Wise
- Type of Incident: Penetration
- Number Affected: N/A
- Source: DataBreaches.net
- Abstract Source: Krebs On Security
- Update1 Source: Highland Cavalier
Abstract
Well known computer security journalist Brian Krebs has learned that computer criminals have stolen almost $1,000,000 from the University of Virginia College at Wise last week. It appears that the thieves used a virus to steal the online banking credentials from the comptrollers computer. The thieves used this access to transfer $996,000 from the university's accounts at BB&T Bank to the Agricultural Bank of China. When contacted by Krebs, Kathy Still, UVA Wise Director of News and Media Relations, would only state that the school was investigating the incident and no student data was at risk.
Update1
It appears that the money stolen from UVa Wise has been recovered by the university. According to the college's Director of News and Media Relations Kathy Still, officials were able to catch the theft early on and no funds have been lost.